Home Properties Reports Taxable Composition of 2012 Dividends

Jan 15, 2013, 15:16 ET from Home Properties, Inc.

ROCHESTER, N.Y., Jan. 15, 2013 /PRNewswire/ -- Home Properties, Inc. (NYSE: HME) today reported the taxable composition of its 2012 dividend payments on its Common Stock.  A portion of each distribution is treated as a return of capital by the Internal Revenue Service.  This portion is not currently taxable and should be applied to reduce the tax cost basis of the shares upon which the dividends were paid.  The Company did not incur any foreign taxes.  The classifications for 2012 are as follows:

(Logo: http://photos.prnewswire.com/prnh/20101026/NY89070LOGO )

Common (CUSIP #437306103)

Distribution Type

 

Record

Dates

 

Payable

Dates

 

Distributions

Per Share

Ordinary

Taxable

Dividend

 

Qualified

Dividend

 

Return of

Capital

 

Long-Term

Capital Gain

Unrecaptured

Sec. 1250

Gain

2/16/2012

2/28/2012

$0.66

75.9761%

0.0000%

21.7871%

1.2194%

1.0174%

5/15/2012

5/25/2012

$0.66

75.9761%

0.0000%

21.7871%

1.2194%

1.0174%

8/14/2012

8/24/2012

$0.66

75.9761%

0.0000%

21.7871%

1.2194%

1.0174%

11/15/2012

11/27/2012

$0.66

75.9761%

0.0000%

21.7871%

1.2194%

1.0174%

TOTALS

$2.64

75.9761%

0.0000%

21.7871%

1.2194%

1.0174%

Home Properties is a publicly traded multifamily real estate investment trust (REIT) that owns, operates, develops, acquires and rehabilitates apartment communities primarily in selected Northeast and Mid-Atlantic markets. An S&P 400 Company, Home Properties owns and operates 124 communities containing 43,489 apartment units.  For more information, visit Home Properties' website at www.homeproperties.com.

 

 

SOURCE Home Properties, Inc.



RELATED LINKS

http://www.homeproperties.com